Market Overview:
The global resistance measurement market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for low, medium, and high resistance measurement in various applications such as industrial manufacturing, commercial application, public utilities, and others. Additionally, the growing demand for automated testing systems is also contributing to the growth of this market. However, factors such as lack of awareness about resistance measurement products and services among end users may restrain the growth of this market during the forecast period.
Product Definition:
A resistance measurement is the determination of the electrical resistance between two points in an electronic circuit. Resistance measurements are important because they allow us to calculate current and voltage levels in a circuit, and to troubleshoot problems.
Low Resistance Measurement:
Resistance measurement is a technique to measure the resistance of an electrical circuit. The most common way of measuring the resistance involves using two wires, one of which is connected to Earth (or sometimes called E- Wire), and other end of which is connected to the target device or component. As current flows through this circuit, it creates a magnetic field around both wires due to Law Of Electromagnetic Induction.
Medium Resistance Measurement:
Resistance measurement is a process to measure the strength or weakness of an external force that opposes the motion. The most common types of resistors used in applications are made from materials such as copper and metal oxides. Resistors can be segmented into two broad categories, namely high-value and low-value resistors, on the basis of their resistance values.
The standard method for measuring resistance involves two conductors placed in proximity to one another.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is anticipated to witness significant growth over the forecast period. The increasing use of LRM solutions across various industries including oil & gas, healthcare, power generation and transportation is expected to drive the market growth over the coming years.
The industrial manufacturing segment accounted for a significant revenue share in 2017 owing to high product demand from various industries such as automotive, aerospace and defense among others. The growing adoption of automation technologies has led manufacturers across all industry sectors to adopt resistance measurement devices as they provide higher accuracy while controlling processes or making critical parts with higher quality levels. This factor alone is likely to fuel product demand in industrial manufacturing applications over the coming years.
Low resistance measurement Low resistance measurement (LRMe) tools are used during production processes where low-resistance measurements are required frequently such as foundry operations or metal casting process control on shop floors Metal Casting Process Control (MCP).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with the U.S. being the major contributor to regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing demand from end-use industries such as electrical and electronics, automotive, oil & gas, healthcare and others for high precision resistance measurement devices used in applications such as motor control systems and power electronics among others.
Growth Factors:
- Increasing demand for resistance measurement in semiconductor and electronics industry for quality control and process improvement.
- Growing popularity of resistance measurement in research and development laboratories for studying the electrical properties of materials.
- Rising demand from automotive sector for testing the electrical characteristics of new components during the design stage.
- Increasing use of resistance measurement in medical diagnostics to detect early signs of diseases such as cancer, diabetes, and heart disorders etc..
- Proliferation of Internet-of-Things (IoT) devices that require reliable resistance measurements for efficient functioning
Scope Of The Report
Report Attributes
Report Details
Report Title
Resistance Measurement Market Research Report
By Type
Low Resistance Measurement, Medium Resistance Measurement, High Resistance Measurement
By Application
Industrial Manufacturing, Commercial Application, Public Utilities, Others
By Companies
Fluke Corporation, Keysight, FLIR, Rohde & Schwarz, Victor, UNI-T, HIOKI, Chauvin Arnoux Group, Klein Tools, B&K Precision Corporation, Fluke Corporation, Gossen Metrawatt, Prokits Industries Co., LTD, Mastech Group, GW Instek, Sata, Triplett, Leierda, Metrel d.d.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Resistance Measurement Market Report Segments:
The global Resistance Measurement market is segmented on the basis of:
Types
Low Resistance Measurement, Medium Resistance Measurement, High Resistance Measurement
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Manufacturing, Commercial Application, Public Utilities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fluke Corporation
- Keysight
- FLIR
- Rohde & Schwarz
- Victor
- UNI-T
- HIOKI
- Chauvin Arnoux Group
- Klein Tools
- B&K Precision Corporation
- Fluke Corporation
- Gossen Metrawatt
- Prokits Industries Co., LTD
- Mastech Group
- GW Instek
- Sata
- Triplett
- Leierda
- Metrel d.d.
Highlights of The Resistance Measurement Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Resistance Measurement
- Medium Resistance Measurement
- High Resistance Measurement
- By Application:
- Industrial Manufacturing
- Commercial Application
- Public Utilities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Resistance Measurement Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Resistance measurement is the process of determining the amount of resistance offered by a material when subjected to an electric current.
Some of the major companies in the resistance measurement market are Fluke Corporation, Keysight, FLIR, Rohde & Schwarz, Victor, UNI-T, HIOKI, Chauvin Arnoux Group, Klein Tools, B&K Precision Corporation, Fluke Corporation, Gossen Metrawatt, Prokits Industries Co., LTD, Mastech Group, GW Instek, Sata, Triplett, Leierda, Metrel d.d..
The resistance measurement market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Resistance Measurement Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Resistance Measurement Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Resistance Measurement Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Resistance Measurement Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Resistance Measurement Market Size & Forecast, 2018-2028
4.5.1 Resistance Measurement Market Size and Y-o-Y Growth
4.5.2 Resistance Measurement Market Absolute $ Opportunity
Chapter 5 Global Resistance Measurement Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Resistance Measurement Market Size Forecast by Type
5.2.1 Low Resistance Measurement
5.2.2 Medium Resistance Measurement
5.2.3 High Resistance Measurement
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Resistance Measurement Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Resistance Measurement Market Size Forecast by Applications
6.2.1 Industrial Manufacturing
6.2.2 Commercial Application
6.2.3 Public Utilities
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Resistance Measurement Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Resistance Measurement Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Resistance Measurement Analysis and Forecast
9.1 Introduction
9.2 North America Resistance Measurement Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Resistance Measurement Market Size Forecast by Type
9.6.1 Low Resistance Measurement
9.6.2 Medium Resistance Measurement
9.6.3 High Resistance Measurement
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Resistance Measurement Market Size Forecast by Applications
9.10.1 Industrial Manufacturing
9.10.2 Commercial Application
9.10.3 Public Utilities
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Resistance Measurement Analysis and Forecast
10.1 Introduction
10.2 Europe Resistance Measurement Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Resistance Measurement Market Size Forecast by Type
10.6.1 Low Resistance Measurement
10.6.2 Medium Resistance Measurement
10.6.3 High Resistance Measurement
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Resistance Measurement Market Size Forecast by Applications
10.10.1 Industrial Manufacturing
10.10.2 Commercial Application
10.10.3 Public Utilities
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Resistance Measurement Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Resistance Measurement Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Resistance Measurement Market Size Forecast by Type
11.6.1 Low Resistance Measurement
11.6.2 Medium Resistance Measurement
11.6.3 High Resistance Measurement
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Resistance Measurement Market Size Forecast by Applications
11.10.1 Industrial Manufacturing
11.10.2 Commercial Application
11.10.3 Public Utilities
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Resistance Measurement Analysis and Forecast
12.1 Introduction
12.2 Latin America Resistance Measurement Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Resistance Measurement Market Size Forecast by Type
12.6.1 Low Resistance Measurement
12.6.2 Medium Resistance Measurement
12.6.3 High Resistance Measurement
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Resistance Measurement Market Size Forecast by Applications
12.10.1 Industrial Manufacturing
12.10.2 Commercial Application
12.10.3 Public Utilities
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Resistance Measurement Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Resistance Measurement Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Resistance Measurement Market Size Forecast by Type
13.6.1 Low Resistance Measurement
13.6.2 Medium Resistance Measurement
13.6.3 High Resistance Measurement
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Resistance Measurement Market Size Forecast by Applications
13.10.1 Industrial Manufacturing
13.10.2 Commercial Application
13.10.3 Public Utilities
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Resistance Measurement Market: Competitive Dashboard
14.2 Global Resistance Measurement Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fluke Corporation
14.3.2 Keysight
14.3.3 FLIR
14.3.4 Rohde & Schwarz
14.3.5 Victor
14.3.6 UNI-T
14.3.7 HIOKI
14.3.8 Chauvin Arnoux Group
14.3.9 Klein Tools
14.3.10 B&K Precision Corporation
14.3.11 Fluke Corporation
14.3.12 Gossen Metrawatt
14.3.13 Prokits Industries Co., LTD
14.3.14 Mastech Group
14.3.15 GW Instek
14.3.16 Sata
14.3.17 Triplett
14.3.18 Leierda
14.3.19 Metrel d.d.
